Demographic changes and technological advancements may lead to the net loss of 5 million jobs by 2020, according to a report published by the World Economic Forum.
Just like trending hashtags, things are moving very quickly in the world of work these days.
So, what are the critical trends you need to watch out for in 2018?
#1 Changing Gears
As technological advancements continue to disrupt industries, there will be a growing need to be able to quickly come up to speed on new concepts to determine the impact on your business or remit. You’ll need to keep your brain razor sharp and flexible to be able to use the various ways of thinking, e.g. creative, mathematical, etc. to keep up with changes.
Cognitive flexibility is how quickly (and easily) you can swing, leap and twirl back and forth between different systems of thought. To make your mind more flexible you need to learn new things and stretch yourself to areas that you may not be so comfortable in, e.g. if you’re the creative type you may need to learn more about finance.
#2 Leading through transformation
Senior managers will be needed in industries across the board to lead companies through periods of transformations.
Industries like property, legal, marketing, etc that are ripe for disruption will also need a new type of senior manager to help companies navigate the rough waters of change.
This will include things like upskilling employees to develop new skills sets to deal with the change in their roles, understanding new laws and how to work with government regulators and increase how a company embraces new technology.
#3 Data is king!
The ability to analyse data is a skill that is touching almost every role. There is greater demand for data analysts and for people to be able to understand an translate data for commercial use. Critical thinking and the ability to solve complex problems are in demand. In a recent report released by the World Economic Forum, ‘More than one third (36%) of all jobs across all industries are expected by our respondents to require complex problem-solving as one of their core skills.’
Don’t panic! These skills aren’t necessarily something you’re born with or have a natural aptitude for. It’s something that gets honed over time and is built on a strong foundation of critical and lateral thinking.